Home Messages Index
[Date Prev][Date Next][Thread Prev][Thread Next]
Author IndexDate IndexThread Index

[News] Reminders of the Urgent Need for Transparency

  • Subject: [News] Reminders of the Urgent Need for Transparency
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Sat, 17 Oct 2009 00:28:16 +0100
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
Hash: SHA1

Expenses probe MP to stand down

,----[ Quote ]
| A Conservative MP facing claims he used 
| expenses to pay his own company is to stand 
| down at the general election.


IBM, Intel execs arrested over alleged insider trading

,----[ Quote ]
| Executives from IBM and Intel were arrested 
| today amid allegations they were involved in 
| an insider trading scam.


Letting Goldman roll the dice

,----[ Quote ]
| On this morningâs conference call, David 
| Viniar, Goldman Sachsâ chief financial 
| officer, emphasized the bankâs valuable social 
| role. His bank made markets and provided 
| credit when other financial players were 
| suffering.
| [...]
| Even as Goldman reported results that 
| reflected in part the resurgence in 
| derivatives, the House Financial Services 
| Committee passed legislation that would 
| increase derivatives regulation. But the bill 
| is riddled with loopholes that Wall Street can 
| easily exploit. A much tougher line is 
| necessary.


Goldman Sachs: Your tax dollars, their big bonuses

,----[ Quote ]
| It's probably cold comfort, but Goldman Sachs 
| couldn't have done it without your help.


Who Really Will Pay for Goldman Sachsâ $23 Billion in New Bonuses

,----[ Quote ]
| The outstanding question is whether Congress 
| has the cajones to force the countryâs richest 
| people and institutions to change the ways 
| that made them so wealthy in the first place.


The House That Goldman Sachs Built

,----[ Quote ]
| The U.S. Treasury Department is the central 
| headquarters of Wall Street, and Timmy 
| Geithner is its demigod. The coup of the 
| Treasury Department, which promotes itself as 
| the âsteward of U.S. economic and financial 
| systems,â means an economy and financial 
| system run by and for the Wall Street 
| oligarchy, with Goldman Sachs spearheading the 
| ruling class.


Goldman Sachs: âA Bunch of Clever Thugsâ

,----[ Quote ]
| Gapper notes that Taibbi âmischaracterised 
| Goldmanâ â their success has not been based on 
| âpump and dump,â but on âsticking obstinately 
| to the institutional, less-regulated elite end 
| of the market.â
| There may be something to do that, but there 
| can be no doubt that Taibbi perfectly captured 
| the Zeitgeist of the moment.



Transparency against malpractic

,----[ Quote ]
| As a result of my new enthusiasm to 'get out more' I found myself listening
| to a detailed and balanced 'non-advocacy' presentation from a respected OSS
| Watch staffer.
| He explained patiently how open source licencing worked and how it differed
| from proprietary licences. But what he did say whilst looking for an everyday
| resonance to make his points accessible to a non-geek audience, and which
| really sharpened every-one's attention, was that proprietary software was
| built on secret code whereas open source software had transparent code.
| Proprietary software IS composed of secret code. You can't read it, you don't
| know what it does (other than what you can see it do), you don't know how it
| does it and you can't change it.

Version: GnuPG v1.4.9 (GNU/Linux)


[Date Prev][Date Next][Thread Prev][Thread Next]
Author IndexDate IndexThread Index